
SC Agrotech Board to Consider Stock Split, Bonus Issue, Dividend
SC Agrotech Limited has announced a Board of Directors meeting on November 13, 2026, to consider significant corporate actions. These include a stock split of equity shares with a face value of ₹10 to as low as ₹1, potentially creating up to ten shares for each existing share. The Board will also evaluate a bonus issue of fully paid-up equity shares in a ratio of up to 4:5, by capitalizing eligible reserves. Additionally, the feasibility of recommending or declaring a dividend of up to 100% of the applicable equity share face value will be reviewed, subject to distributable profits and liquidity. The company may also consider an increase in authorized share capital and consequential amendments to its Memorandum and Articles of Association. No corporate action, dividend amount, record date, or entitlement has been approved as of this intimation.
Key Highlights
- Board meeting scheduled for November 13, 2026.
- Proposals include stock split, bonus issue, and potential dividend.
- Stock split aims to reduce face value from ₹10 to ₹1.
- Bonus issue ratio considered is up to 4:5.
- Dividend up to 100% of face value may be considered.
Price Impact
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